What is the Bancor protocol?

The Bancor protocol enables built-in price discovery and a liquidity mechanism for tokens on smart contract blockchains. These “smart tokens” hold one or more other tokens in reserve and enable any party to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens, directly through the smart token’s contract, at a continuously calculated price, according to a formula which balances buy and sell volumes.

Bernard Leitaer, co-architect of the EURO currency speaks in Amsterdam on May 3rd, 2017 about the breakthrough of the Bancor protocol, how monetary systems work like flow networks and the role of complementary currencies in stabalizing the world economy and meeting the U.N. global sustainability objectives.

Date: May 3rd, 2017 Event: Bitcoin Wednesday

Tel Aviv, Israel

The Value Revolution: How Blockchain Will Change Money and the World

Galia describes the phenomenon of blockchain technology and the impact of decentralization on society.

How to Buy

To participate in the Bancor Token Post Sale distribution you will need to send ETH to the Ethereum smart contract address set forth below during a period of your choice. The Bancor Tokens will be reserved for you to 1st September of 2017. The minimum contribution amount is 0.01 Ether.

Ethereum smart contract address:

0xEF3c94bEA43992982d6b16cB10D49186D8cD858C

The BNT tokens will be reserved for you to claim when the period completes. Do not send ETH from an Exchange.
If you send ETH to the BNT Token Distribution Contract from an exchange account, your BNT Tokens will be allocated to the exchange's ETH account, and you may never receive or be able to recover your BNT Tokens.